let them live on their own...
So why the fuck are you there and spreading FUD including many others...? U think that VRC holders will dump their bags and come here to buy BC ? Nah... no way ! That's not the way to attract the people from one to another crypto. What if next time it will be BC instead of VRC ? Let them live as u said, and do that without stupid discussions about PoS security and so on.. Discuss it here ! Not there... What FUD? those are facts: 1) I write that rollback hurt all crypto. 2) VRC damaged mostly POS systems and POW coins can laughs at as.... ( POS systems ) https://bitcointalk.org/index.php?topic=694436.0http://www.reddit.com/r/litecoin/comments/2apsj7/litecoin_developers_will_never_fork_litecoin_to/ciycbhd3) 1st in crypto rollback will have their complication is future (broken trust, not punished exchange ext.. VRC got main damage and whole POS is seen as insecure) 4) 1/3 of all coin in Mintpal is responsibility of VRC holders too not only Mintpal security bug / all systems can be broken... 5) You can be sure if money was theft or just lost in broken system... 6) Never trust exchange (MtGox,CR lied till end... ) - why in real belive in VRC statement... You need know line between FUD and fact. Those 6 points are proven facts. When someone is blinded and write that is ONLY mintpal fault - i see red light.if you want repeat mistakes in future go wrong way longer... PS: I don't want to let BC community go way thinking that is secure keep coin in exchange like online wallet (MtGox proved that) it is our responsibility where we are keeping coins or we get CR2.0...
stupid discussions about PoS security and so on.. Discuss it here ! Not there...
Once again POS system is secure as their holders are.And man POS security is serious matter it never has been stupid...because ignorance people like you, you have such big action like that with Mintpal... |
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Everybody let's go to VRC thread and let's make some FUD there !
I've already seen some of BC guys doing job pretty well, but some more people there will help us more.
Everybody will dump their VRC and will come here to buy black shit ! U'll see !
And don't 4get: Always bet on black mo'fuckers !
What ?? ...let them live on their own no one from thier community like BC or any other like decentralization in main place coin : ) I sometimes write there if they are trying teach people that all is fault Mintpal but we are responsible for security our coin not mintpal... BC is as secure as we are is such decentralized coin as we are.If you are man who leave all BC in Mintpal this is your responsibility for that not mintpal. If exchange will write sry hdd had broken who will you whine ? Only yourself because you trusted Mintpal.Get 2nd lesson after CR to not keep coin on exchange that is all. keep there that what you want trade let rest support network. Whales chosen WC failed Whales chosen AC failed Whales chosen Cinni failed Whales chosen VRC ( failed at some crucial point but not dead ) * * * Whales chosen Another coin... but Blackcoin is alive and will be ^^ |
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Is this info up to date? http://bitinfocharts.com/vericoin/Vericoin shows 11. I'd figure after that incident there would be a lot more. What's "all nodes" mean? - I think all nodes is nodes that are staking but behind firewall/NAT. Active nodes is the nodes that are listening and has the port open looks like that |
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...
Good and valid reasons.
What about the thief? Would it motivate more hackers to do it if they can always get away with it? Would this defer people from investing in crypto?
Problem with thief is that you and me, we can not be sure if that was real thief or just stupid system bug.Usually when such attack are there are dumps to 1sat ( WC 2x spend attack )... Why only VRC was affected while BTC LTC was in cold wallet... All loks more like inside bug of Mintpal system than any theft for me. We will never know if that was real thief or some inside mintpal altercation... Once on poloniex was sold stolen (300 000) DRK for 5000sat coin recovered in 4 months getting 500x. Same was with Gox and BTC when 10% of BTC was stolen. Thefts can't kill good coin. Reputation is much harder to get back. PS: BTW Whales are same kind of thief's they pump coin and go away with BTC look at Doge manipulation to 300sat they never invest in any coin for real. they want pump it and leave it after dump naive investors are burned. To many things re manipulated in crypto from price to announcements. |
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What is it with blackcoin people and this thread? Each time I see someone troll vrc, they have a blackcoin sig.
Where do all you dummies come from? blackcoin is dead.
Anyways, it's the investors that lose money that usually find the passion to troll another thread related to their competitor.
I have 20+ diffrent crypto...from BTC, Doge, ANC ,BC, PPC, NEM....Bitshares like many people here, rollback hurted all crypto not just one coin. If not VRC it will be next coin like XC Clokac Cinni Voot.... INSERT name here another hype coin.The reason i write here is simple all crypto was damaged...
and all POS coins mostly suffers by that rollback Mainly it was Mintpal problem but full responsibility is not on Mintpal side 1/3 of all coins were deposited in one place - that is orgin of problem. Give me 3 good reasons why all crypto was damaged. - Merchants can be aware because transaction can be reversed in some emergency situation so better not trust new alts and stick with BTC which can take 500m $ loss (it breaks some trust rule ) - Bad exchange has not been punishment ( normally it can lead to MtGox 2.0 and collapse... ) - Shows how easy is "manipulate" people in crypto devlopers, Exchanges. Real truth can be unknown forever. Did MtGox write truth before they collapsed? ( they lied till end... CR lied till end... ) Here could have been even inside deal between Mintpal and VRC dev and you won't never know about it... |
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What is it with blackcoin people and this thread? Each time I see someone troll vrc, they have a blackcoin sig.
Where do all you dummies come from? blackcoin is dead.
Anyways, it's the investors that lose money that usually find the passion to troll another thread related to their competitor.
I have 20+ diffrent crypto...from BTC, Doge, ANC ,BC, PPC, NEM....Bitshares like many people here, rollback hurted all crypto not just one coin. If not VRC it will be next coin like XC Clokac Cinni Voot.... INSERT name here another hype coin.The reason i write here is simple all crypto was damaged...
and all POS coins mostly suffers by that rollback Mainly it was Mintpal problem but full responsibility is not on Mintpal side 1/3 of all coins were deposited in one place - that is orgin of problem. |
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...
Q: Who is to blame for this?
A: Mintpal and only mintpal, ...
...
POS system is secure as they holders are.Community decided that is more secure to keep 1/3 of all coins on mintpal. Hacked -> rollback - yup that was most secure place for sure. If someone will steal coin from your local PC who will care ? - Answer no one. Sumary Vericoin: -sufer from 1/3 coins deposited in one place (VRC community fault ) -sufer from Mintpal security bug ( Mintpal fault ) -best place to store Vericoin is place where is many Vericoins today Mintpal ( later Veribank ) PS:I don't want kill any coin there is many others POS waiting to pump AIR<>Cloack<>Super<>Voot<>XC<>Min<>NAV.... and much more VRC don't change much here once it will go up once it will go down... Problem is rollback - many informations can be manipulated people can not know what deals were done behind scenes. MtGox six months was palying good exchange and collapsed at end crypto is great tool because so far it is neutral. Rollbacks is not neutral behavior. |
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It's very important that we don't keep all our coins on exchanges. Have them in your wallet and staking.
2k+ nodes : ) better even that father coin PPC. Where do I see this info? e.g. here: http://bitinfocharts.com/blackcoin/Is a node a wallet open for staking? Yes thats correct Is this info up to date? http://bitinfocharts.com/vericoin/Vericoin shows 11. I'd figure after that incident there would be a lot more. What's "all nodes" mean? Yes it is up to date. All nodes are stacking nodes (my ip is there ) but password protected / active - are nodes without password they are able to send coins. Vericoin have abut 1000 online wallets after accident nothing changed they don't care about POS security, on forum best answers "we should move all coins to bittrex" or "i will keep coin on Minpal thunder bolt don't hit 2x in same place" <- that one rocks ( he forgot about MtGox case ) Most "new POS" coins today are on exchanges (eg bittrex,Mintpal) not stacking because they want be able dump in right time on hype. You can attack almost any shit POS clone with 1%-10% of all coins and make double spend. |
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Navajocoin, a PoS coin, was recently attacked and two doublespends occured from the attacker gaining over 30% of all coins. Pos really is Piece of Shit...
But POW coin can suffer the same... http://www.coinwarz.com/cryptocurrency?sort=hashrate&dir=asc <=== as you see having 300hm+ (one single KNC titan can make attack on 50+ coins... )... So POW Prof of Weak is not ultimate solution here too Shitcoins like lotto, leaf... Today when 7day minig is popular and 95% of new coin are on exchanges like VRC (1/3) of all on 1 exchange POS networks are not secure the same goes to POW... If someone will hack ghash.io and make 51% BTC will surfer too. In POS OWNERS take responsibility for secure network if they fail their coin fail. In POS people have greater motivation to protect network than POW,In POW one super computer/ASIC can make big mess. Mayby only BTC,LTC,Doge is hard to attack rest is not secure too much...
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....
Let's make some math:
- Mintpal's daily volume was around BTC 2.5K, some BTC 5 daily revenues or US$ 2500 (based on 0.2% transaction fee)
- VRC 8M were valued at some US$1.65M
- This means some 660 days of MintPal's revenues
- Let's assume some VRC 12K coins as an average position
- This means some 660 people were holding their coins at MP
Conclusions:
1) MP would never be able to pay and would go bankrupt
2) As an immediate consequence, all 660 VRC holders would loose their money
3) With 30% of VRC coins out there available for further attacks, VRC would crash and all people holding it would loose their money
So, please, let not fool ourselves: It was not about saving MintPal. It was about saving the coin and the investors' money.
Image damage was done on all POS coins from PPC Nova..BC...XC...to VRC will surfer and with rollback you give all POW coins golden bullet to shot in POS... Right direction would be improve POS security to 90% resistance like NXT - not magic rollbacks. And whole black marketing has started like that one: http://www.reddit.com/r/litecoin/comments/2apsj7/litecoin_developers_will_never_fork_litecoin_to/ciycbhd |
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Good article  |
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But they rollback ALL transactions after thief not just theft money that they wrote on forum that wrote Mintpal they warned on forum to not send coins... Do you belive that all people are sitting on bittalk and looking for dev news 24/7. here how can number transactions on network not all people are on bittalk mintpal.  At the end VRC broke rule that transactions are irreversible look how POW coin community are winners because of that VRC wanted save 8m and to not let them dump. here is 1st better example how POW coins are winners here...
that behaviour shows ignorance of LONG therm consequences of that choicehttp://www.reddit.com/r/litecoin/comments/2apsj7/litecoin_developers_will_never_fork_litecoin_to/ciycbhdLTC BTC community is laughing hard from people who kept 1/3 of all coins in one place just in case to dump it on time...http://bitinfocharts.com/top-100-richest-vericoin-addresses.html 25% of all VRC still in mintpal wallets not many in real are interested to take out coins from there... this clearly show how whole 51% attack excuse was pathetic and how many people look what devs/exchange are writing. All here is about getting rich in no time. Here you have a bit news how many people IN POS are activly support their networks... http://bitinfocharts.com/pl/comparison/nodes-ppc-bc-xc-vrc-nvc.html
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POS in general is secure as they stake holders are if they are stupid and keep 1/3 of all coin at one place they can suffer like VRC..
If they are smarter like PPC they wont have such problem.
Here even didn't see any blow in POS security becouse attacked have to know how attack coin...
Here was panic fear of dumping 8m coin on market nothing more...
if they wanted secure network they could do it other way.
PPC also has the advantage that, because it is older, distribution is considerably better. Which means that it's very unlikely that a single exchange would have a big percentage of all coins. I agree with that but there i many factors that prevent many POS attacks. POS is as secure as they owners are here is great justice of POS system there is chart for POS coins noded but it talks a bit about communities and how they secure network at the end: http://bitinfocharts.com/pl/comparison/nodes-ppc-bc-xc-vrc-nvc.htmlAss you see over time stacking is not so secure and people are stacking less i hope muiltisign feature some kind of 2FA in cryto will help solve that problem. This is currently implemented in BitHalo/BlackHalo ( David Zimbeck creator ) but it will be open source in future, Blackcoin POS can stake using that multisign this is great step in securing stacking process. This is something like that you have 2 kays: one key on phone (or PC, server ext) 2nd on PC, to send receive you need both keys that will increase security lvl of staking nodes. Education of holders is also important. to not let situation like that 1/3 of all supply on one exchange this is situation where you are looking for trouble. |
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POS in general is secure as they stake holders are if they are stupid and keep 1/3 of all coin at one place they can suffer like VRC..
If they are smarter like PPC they wont have such problem.
Here even didn't see any blow in POS security becouse attacked have to know how attack coin...
Here was panic fear of dumping 8m coin on market nothing more...
if they wanted secure network they could do it other way.
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good to buy in bulk now, doge is not dead, but needs a Resurrection plan ahead, asap.
need last having and 5% inflation to be real rise in value over time... |
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Official story is pretty much sounds fake.
where are stolen BTC and LTC that were in hot wallets?
No one who have brain take that shit real... MtGox was collapsing six months ?... I would believe in statement like poloniex or bitcurex had 10% of BTC was stolen but rest was blocked by their security system... Here is to cool to believe in that story... |
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It's very important that we don't keep all our coins on exchanges. Have them in your wallet and staking.
What about Volume?... Those who are daily trading they will be. But we are talking about people who use exchange like online wallet.Volume like 300k $ is 2-5% of all supply and we consider that you are trading those coin only once... while daytrades or bots can move it 10x sell/buy a day to create volume. |
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Does the quality and count of new crypto-currencies affect on the bitcoin price?
If it really does, then how?
Alt market is currently overloaded IMO :-)... But at the end 0.1% of them will create something BIG. **** After any successful coin whole shit is starting again... Ltc -alt spam Doge - alt spam Blackcoin - alt spam DRK - alt anon spam ... what next ? no one know all want get +1000% income in week but not many improve existing coins... BTC will remain king of crypto for a while ... soome day will me like e-gold while others will be in use. |
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Vericoin is the only alt that's not a scam.
There are actually 3 legit "TO THE MOON" alts currently. 1.VRC 2.  3. DYOR There are actually 3 legit "TO THE MOON" alts currently. 1.VRC 10% moon chance 2.Voot 65% moon chance 3.Navajo / Minerals / Cloak 25% moon chance PS: But only VRC have feature to turn babck time  . You can start from 50 000 sat whole year till pump will come. |
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